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Archives June 1, 2013 posted by

New CM website out today

 The Cyprus Mail website is getting refurbished today.

It will look better and be far easier for you – its readers – to use. The new website will seamlessly take over from the old one within the day. 

There is nothing you need to do at your end. Simply enjoy the new Cyprus Mail website and have a look around to get a feel for our new home.

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Archives June 1, 2013 posted by

Court freezes former Laiki strongman’s assets

A CYPRIOT court has frozen assets worth around €5.3 billion belonging to former Laiki Bank strongman Andreas Vgenopoulos and two other people, the Central Bank (CBC) announced yesterday.
The interim court orders, which have a global reach, were secured by the administrator overseeing the resolution of Laiki, formerly the island’s second-biggest lender.
The court froze assets belonging to Vgenopoulos and former Laiki CEO Efthimios Bouloutas worth €3.79 billion and those belonging to former board member Kyriacos Magiras worth €1.5 billion.
It also banned Vgenopoulos’ Marfin Investment Group (MIG) Holdings SA from making any payments or transfers to the benefit of the three men.
A hearing concerning the orders will be held on June 11.

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Archives June 1, 2013 posted by

‘We made sure dinner was just a social occasion’

THE GOVERNMENT has averted the possible politicisation of Thursday’s first encounter of the two leaders at a dinner hosted by the UN in the buffer zone, the spokesman said yesterday.
Christos Stylianides said steps taken to avert the dinner becoming a political occasion had been successful and the government was on track with preparations for peace talks to be launched in the autumn.
“There were indications that some people gave such importance and gravitas to the dinner so that it could symbolise the beginning of the (peace) process,” Stylianides added. Although he did not elaborate, it is well known the government was displeased with what it called attempts by UN Special Representative Alexander Downer to play up the dinner as a political event.

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Archives June 1, 2013 posted by

Huge split at EVROKO

SIXTY members of the European Party (EVROKO) yesterday announced their departure from the party citing party leader Demetris Syllouris’ support for Nicos Anastasiades in the recent presidential elections as the main reason.
Among those leaving are MP Nicos Koutsou, the party’s general-secretary, Stelios Americanos and member of the political committee, Eleni Vrahimi.
Their departure was announced at a press conference yesterday in Nicosia, during which Americanos told reporters that around 80 per cent of the party’s elected municipal councillors and the majority of the party’s active members had decided to leave.
He said that the main reason for the exodus was that they disagreed with Syllouris decision to support Anastasiades during the presidential elections.

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Archives June 1, 2013 posted by

Tax office needs more resources, its chief says

CYPRUS is not currently in a position to comply with EU regulations concerning tax fraud and could find itself in deep trouble if it does not conform, according to the director general of the inland revenue department (IRD).
Speaking at the House Foreign and European Affairs Committee, Giorgos Poufos told MPs that Cyprus had no other choice but to implement the European Council’s decision on May 22 by taking measures regarding tax evasion and fraud.
He demanded that discussions begin immediately for the required legislation.

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Archives June 1, 2013 posted by

New ways to obtain citizenship… if you have the cash

FOREIGN investors will now be able to obtain Cypriot citizenship if they bring in €5 million, have large bank accounts or perform certain business transaction on the island.
The cabinet approved the plan on May 24 enabling foreign nationals to gain citizenship if they meet certain criteria set out by the interior ministry, which has already received two applications.
“The new plan is a very positive move and although we are still at a very early stage we believe plenty of interest will be shown in the coming weeks and months,” a ministry spokesman told the Cyprus Mail yesterday.

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Archives April 30, 2013 posted by

Land registry scandal grows

THE INTERIOR minister yesterday ordered the suspension of a land registry official who joins a growing number of his colleagues under disciplinary and/or criminal investigation in relation to corruption.
“One more employee was suspended, who was working as a real estate agent while being a land registry official,” Interior Minister Socrates Hasikos told reporters yesterday.
A court had already ordered the official to stop working in real estate if he were to continue working for the state’s land registry, he said. “He was working as a real estate agent while having available at his disposal the land registry’s entire infrastructure.”
 “One has to wonder at such gall?” Hasikos said.

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Archives April 30, 2013 posted by

Jovanovic to leave champions APOEL

 

 

APOEL manager Ivan Jovanovic will be leaving the club at the end of the season.

The Serbian, who has won four league titles and a Cyprus Cup with the Nicosia giants, informed the board of his decision less than a week after securing the club’s 22nd championship.

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Archives April 30, 2013 posted by

Man beaten

A 34-YEAR-OLD Indian man was beaten on the head with a bat by an unknown man outside a convenience store in Limassol at around 6.15pm on Sunday. The Indian man was taken to the Limassol general hospital and treated for a head injury. Due to the seriousness of his condition he was transferred to Nicosia general hospital where he underwent surgery. Police are investigating the motive for the attack.

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Archives April 30, 2013 posted by

Minister apologises over teargas incident

JUSTICE Minister Ionas Nicolaou yesterday apologised on behalf of the police after they fired teargas to quell violence but inadvertently harmed fans when it drifted into the stadium on Saturday.
Nicolaou also pledged that hooligans responsible for the trouble before, during and after the APOEL vs. AEK Larnaca match on Saturday afternoon at the GSP stadium would be arrested.
He was speaking after a meeting with Police Chief Michalis Papageorgiou.

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